MortgageOrb, Apr. 13, 2023–Michael BatesThe Mortgage Bankers Association’s 2022 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation shows that total commercial real estate mortgage borrowing and lending equaled $816 billion …
Category: Top National News
How California’s Newest Housing Laws Could Affect Housing Production
Planetizen, Apr. 13, 2023–Diana IonescuWhile it’s too soon to assess the full effects of recently passed legislation on housing production in the state, planners and housing advocates express cautious optimism …
Weak Retail Sales, Manufacturing Output Data Point to Slowing U.S. Economy
Reuters, Apr. 14, 2023–Lucia MutikaniU.S. retail sales fell more than expected in March as consumers cut back on purchases of motor vehicles and other big-ticket items, suggesting that the economy …
Rockefeller Center Strikes Deal for Luxury Hotel by Aspen Hospitality
Wall Street Journal, Apr. 17, 2023–Kate King (subscription)Rockefeller Center is preparing to open its first hotel, the latest sign that Midtown Manhattan’s largest office landlords are leaning into hospitality and …
Institutional Buyers Are Biding Their Time on Data Center Investment
Wealth Management Real Estate, Apr. 14, 2023–Buck WargoAs cap rates in the sector expand, patient capital gets ready to take advantage.https://www.wealthmanagement.com/data-centers/institutional-investors-remain-interested-data-centers-they-are-waiting-right-moment?
Institutional Buyers Are Biding Their Time on Data Center Investment
Wealth Management Real Estate, Apr. 14, 2023–Buck WargoAs cap rates in the sector expand, patient capital gets ready to take advantage.https://www.wealthmanagement.com/data-centers/institutional-investors-remain-interested-data-centers-they-are-waiting-right-moment?
1 Big Thing: Unpacking the Commercial Real Estate Problem
Axios, Apr. 12, 2023–Emily Peck, Matt PhillipsUnder the hood, the situation is more nuanced, as detailed in two reports from the Mortgage Bankers Association and Moody’s Analytics.https://www.axios.com/newsletters/axios-markets-9b83697b-1f47-4ada-87a6-3561a2519a13.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosmarkets&stream=business
JPMorgan Chase Calls Managing Directors to Office Five Days a Week
Bloomberg, Apr. 12, 2023–Hannah Levitt, Daniel TaubJPMorgan Chase & Co. told its managing directors that they now must be in the office every weekday, ending a hybrid-work practice that arose …
Berkadia’s Russ Hardy on Single-Family Rentals
ConnectCRE, Apr. 5, 2023The momentum is hardly letting up for single-family rental/build-for-rent, the current financing headwinds notwithstanding. Connect CRE spoke with Russ Hardy, Managing Director with Berkadia, for insights into …
MBA Chairman Matt Rocco on How the Rapidly Changing Market Influences Banks
HousingWire, Apr. 6, 2023–Clayton CollinsThis week’s episode follows the Mortgage Bankers Association’s Technology Solutions Conference, so we couldn’t think of a more appropriate time to drop Clayton Collin’s interview with …